Skillsoft: Q1 Earnings Insights
Portfolio Pulse from Benzinga Insights
Skillsoft (NYSE:SKIL) reported Q1 earnings with in-line EPS of $-0.18 and revenue down $28.36 million YoY. Last quarter, the company beat EPS estimates by $0.01, followed by a 12.87% drop in share price the next day.
June 06, 2023 | 8:20 pm
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NEGATIVE IMPACT
Skillsoft reported Q1 earnings with in-line EPS of $-0.18 and revenue down $28.36 million YoY. Last quarter, beating EPS estimates led to a 12.87% drop in share price.
Skillsoft's Q1 earnings report showed in-line EPS and a significant decrease in revenue compared to the same period last year. Considering the company's past performance, where beating EPS estimates led to a 12.87% drop in share price, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100